Smooth sailing on a powerful growth journey
KPMG helped a renewable energy supplier integrate the financial systems of 40+ decentralized legal entities with Oracle technology.
Smooth sailing on a powerful growth journey
KPMG helped a renewable energy supplier integrate the financial systems of 40+ decentralized legal entities with Oracle technology.
Client
Latin American utility
Sector
Energy
Project
Finance transformation enabled by Oracle Cloud
Growing rapidly as a distributor of natural renewable energy—hydro and wind power—this Latin American utility is anticipating future growth opportunities. It was clear that the company needed a step-change from where they were, in order to utilize the cloud to deliver finance leading practices and support future initiatives.
They set two immediate goals: better financial visibility and operational control, and the ability to harness their own human potential. The key to both goals was to integrate the financial systems of more than 40 decentralized legal entities on a single Oracle Cloud platform, and they sought an implementation partner to guide the process and help prepare the company for smooth sailing as they embark on a powerful growth journey.
The pre-configured components of KPMG Powered Enterprise provided for rapid alignment of process models, controls, organizational model, roles descriptions, and performance management.
KPMG combined the preconfigured components and leading practices embedded in its Powered Enterprise project approach to rapidly implement an Oracle Cloud solution across all of the utility’s legal entities. KPMG:
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The KPMG Powered Enterprise Finance solution together with Oracle Cloud ERP/EPM delivered a number of specific benefits, including:
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Building strong business cases at the outset of technology projects, defined by clear, ROI-defined success metrics, keep priorities intact and stakeholders aligned.
The Powered Enterprise approach is explicitly designed to generate rapid, measurable results. It distills experience and insight into prebuilt components, so clients can leapfrog generic issues and move confidently toward their objectives from day one.